Jim Cramer says banks like TD (TD) and ETrade (ETFC) are doing better. He goes on to say he hopes Citi (C) comes in and wants to buy more for the Action Alerts PLUS Charitable Trust portfolio. Cramer also says Wells Fargo (WFC) had an excellent quarter and looks like a buy here.
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How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.